Muchaina Amepatia Debtors Breathing Space

[shocks]

" The Chinese government said it has agreed to delay debt repayments for low-income countries, as part of the Group of 20 nations debt relief program.

The country has suspended debt repayments from 77 developing countries and regions, Ma Zhaoxu, Vice Minister of Foreign Affairs, said at a State Council briefing Sunday in Beijing. In April, the G-20 agreed to provide temporary debt relief to the world’s poorest nations, with the moratorium starting May 1."

China Says Debt Payments Paused for 77 Nations After G-20 Deal

The Chinese government said it has agreed to delay debt repayments for low-income countries, as part of the Group of 20 nations debt relief program.

www.bloomberg.com

Wapi watu wa mathematics watueleze how much debt payment relief this means for Kenya

 

[Abba]

Change title to debtors not creditors

 

[shocks]

Change title to debtors not creditors

Azande, kisungu napeleka mimi mbio

 

[Okiya]

Safi

 

[Doc oga]

Wanafaa they auction mlevi's assets together with those of his associates within and without our borders to repay their National Debt.

 

[Ubongo]

Wapi watu wa mathematics watueleze how much debt payment relief this means for Kenya
Naomba kuelezewa pia

 

[$$$]

Before you start celebrating, ask yourself whether Kenya is classified as a low income nation.

 

[Kdawg254]

Na si last week Yatani alisema we cant benefit from this because of the Eurobonds we took?
Something to do with we can be deemed to have defaulted payment so interest on Eurobond inaongezeka mara dufu!

 

[Nastos]

Kiuliso tu, does Kenya have debtors??

 

[Mr Black]

Na si last week Yatani alisema we cant benefit from this because of the Eurobonds we took?
Something to do with we can be deemed to have defaulted payment so interest on Eurobond inaongezeka mara dufu!

Those clauses only applied to those bonds, we cannot ask for a reprieve from the holders of those bonds but we can renegotiate other debt repayments especially those held by other creditors.

 

[Kdawg254]

Those clauses only applied to those bonds, we cannot ask for a reprieve from the holders of those bonds but we can renegotiate other debt repayments especially those held by other creditors.

Exclusive: Kenya eschews G20 debt relief initiative over restrictive terms

Kenya will not seek a suspension of debt payments under a G20 initiative aimed at helping poor countries weather the COVID-19 pandemic, its finance minister said on Friday, saying the terms of the deal were too restrictive.

www.reuters.com